After the flurry of winter activity….the year-end close, LIFO preparation, OEM financial statement changes, and audit and tax preparations…many of our New Year’s resolutions to clean up our books and implement new processes may have become buried under other priorities.
The annual Dealership Workforce Study (DWS) takes a hard look at your most valuable resource: your employees. Are you paying them competitively? Are your benefit packages in line with your peers’? Is turnover a problem, or is it par for the course?
With demographics set to transform the face of America, the automobile industry is continuing to explore how dealers and automakers tackle the internal issue of how best to advance minority and women dealers and dealership managers and encourage diversity.
“NADA has long supported a data-driven and informed process for determining future greenhouse gas and fuel economy standards, and we applaud EPA for putting us back on this path.”
“This decision upholds more than 40 years of consistent interpretation by the courts and the executive branch, and will allow the auto retail industry to continue structuring employment relationships that are efficient and beneficial to dealerships, their employees, and their customers.”
“The automobile is the most exciting platform for innovation in the next 100 years,” says new NADA Chairman Wes Lutz.
Teuton urged dealers to take an interest in legislative issues – such as the President’s infrastructure proposal, changes to the tax code and regulatory burdens – that impact truck dealerships.